The Top Ten Financial Links Of The Day

The Washington Times - Barack Obama has some ’splaining to do about taxpayers’ profitable “investment” in General Motors. It turns out the president is imagining things.

Biorational Institute - The ultimate plan of financial self-defense for the small saver and investor

Market Watch – Cisco Systems Inc. said Tuesday it would cut 550 jobs as part of a plan to exit aspects of its consumer business.

Business JournalWells Fargo & Co. said Thursday it is cutting 1,900 mortgage jobs as home lending and refinancing slows, according to media reports.

FDIC – 3 more banks bit the dust last Friday

Yahoo Finance – American ghost towns of the 21st century

Business Spectator – This housing bubble will break Ozzy banks

Washington Examiner – This Democratic Senate and White House are clearly willing to disappoint their base on many issues. They’ve agreed to spending cuts and tax cuts for the wealthy, scrapped a public option, and continued warrantless wiretaps, indefinite detention of terrorism suspects and unnecessary wars on Arab dictators. But in last week’s budget debate we glimpsed the party’s unshakable core: dedication to the abortion lobby.

The Market Oracle – Food inflation hard times: a new normal
 
Zero Hedge – For anyone wondering why a hypothetical situation in which Bill Dudley met with former colleague Jan Hatzius and told him “ok, we bailed you guys out, now it’s your time to kill oil” seems all too possible in our day and age, the latest news on the economy from Gallup should make it all too clear. As of April 11, the polling agency’s Economic Confidence Index has dropped to -37: the lowest reading since August of 2010. It appears that disgust with $4+ gas (Poverty Effect for all) is more than offsetting Brian Sack’s attempt reclaim the Russell 36,000 (Wealth Effect for some). Gallup’s conclusion is absolutely spot on: ‘Global events, continued political battles about the budget in the nation’s capital, and a weak, if modestly improving job market add to consumer uncertainties. As a result, it is not surprising that consumer confidence plummets even as Wall Street continues to do well.

4 Responses to “The Top Ten Financial Links Of The Day”

  1. mare Says:

    Is that YOUR x-ray, Mayor?

    And how are you doing, really?

  2. The Mayor Says:

    No, it’s not mine. Mine is waaaaay sexier than that. And manlier. Way more sexier and manlier.

    As for The Mayor, well, truth be told I haven’t been at city hall for a few weeks and it doesn’t look as though I’ll be back any time soon. I have a sprained this and that and the other, but my noggin took a good smack and I can’t seem to get right. You know, blistering headaches, forgetfulness, dizzy, etc.

    I’m mending though, I’m sure everything will work out.

  3. cudgel Says:

    Uh Mayor, stop boozing and your head will be just fine.

  4. The Mayor Says:

    Not a chance, the booze is keeping me real. Sort of.

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